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demg (DEMG)     

AdieH - 10 Nov 2003 11:55

Hi, anyone got any info on this share, been given to me as a tip.....

jfletendre - 10 Nov 2003 13:17 - 4 of 13

Wish I could duplicate it here but tried and can't but here goes with the precis:-
Deltex have invented a device that reduces the time that patients stay in hospital up to 40%. Something called Haemodynamic optimisation. While you are waiting for the call to the operating theatre you are denied the simple pleasures of food and drink and the anaesthetics used during the operation affect the ability of your body to compensate for the dehydration. During the op, you lose blood too. Your intelligent body starts to divert blood away from the places where it is not really needed to the business areas. Eventually it starts to divert blood away from the digestive organs. And that means they pack up. Or as the doctors call it, you get "gastrointestinal dysfunction." And this is the most common cause of post-op complications and prolonged hospital stays. Until Deltex, doctors unabl;e to control the supply of blood and fluid to the body during the op. They could not monitor it until Deltex. A thin probe is slipped down your oesophagus and nestles alongside the aorta and from there, provides 'beat to beat' info via a probe connected to a device called a CardioQ. This little piece of hardware shows, on a screen, how things are ticking over in the circulation and bodily fluid depts.
The CardioQ has been the subject of 75 clinical papers. Worth more than these are the 1,000 CardioQs installed in hospitals around the world.Evidence that they are working overwhelming. A study by the American Medical Assoc shows an average reduction in hospital stays (29%) for patients undergoing major surgery. What is more, CardioQ not only reduces post-op complications but actually helps cut the death rate amongst emergency cases of severe shock.
With the National Health Service on the brink of a "share a bed" policy, no wonder they have become Deltex's biggest customer. One quarter of NHS hospitals already CardioQ users and 5 out of 6 major children's hospitals in UK trialling Deltex's new paediatric device. Deltex has FDA approval for CardioQ in US and has sold it to hospitals in 30 countries. Deltex's internal estimates suggest a potential market of $1bn. As it upgrades its tech, this market is likely to begin bigger still.
It's already introduced a "multi patient probe" that appeals to health authorities in Australia, Germany and Brazil that don't approve of single-use disposable products.
Many more products being developed, most exciting of all is SupraQ. Totally non-invasive device that is simply placed on little notch at base of your throat and divines what is going on from there,. If this works, it will open up a whole new market outside the hospital - it could be used in doctor's surgeries, clinics and folks at home. With this potential, American company CardioDynamics estimates that market could be 30 times existing size.
Deltex has had some patient investors headed by Close Finsbury Asset Management who have stumped up the cash while Deltex has run up losses of 27m. Now Deltex is on verge of repaying their patientece. With the benefits of this tech now proven, Deltex is in a position to make real money.

GF - if you need further info, their website is deltexmedical.com

goldfinger - 10 Nov 2003 21:57 - 5 of 13

Anna, great write up there, many thanks for your time. It looks very interesting and Im going to buy, but when is the question. Will it fall back like a lot of tip sheet tips or will it carry on northwards, thats the question.

Certainly has things in place not like a lot of Bios waiting for trial results.

The loss is a bit off putting but the technology is blue sky.

Thanks again.

cheers GF.

jfletendre - 10 Nov 2003 22:45 - 6 of 13

GF
You're welcome - it's nice to give back for a change!

goldfinger - 12 Nov 2003 11:38 - 7 of 13

The more I look at this one the more I want to buy it. Going to stay cool and hope it falls further. I keep getting tempted though. Keep that wallet in your back pocket fool.

cheers gf.

AdieH - 12 Nov 2003 11:51 - 8 of 13

Thanks for the info, just in and hope its a success.

jfletendre - 26 Nov 2003 09:23 - 9 of 13

small price drop today - GF, haven't bought yet and like you waiting to see if it goes lower...
Anna

goldfinger - 27 Nov 2003 00:34 - 10 of 13

anna, the blooming thing as moved up. More waiting I thinks, but looks like 24.5p is now the support level.

cheers GF.

grajul - 08 Mar 2004 17:23 - 11 of 13

This is now gradually falling on no news and very little volume. I had high hopes for this one, does anyone else still hold this?

Grandma - 08 Mar 2004 17:30 - 12 of 13

Red Hot on Saturday still has them as a "buy" but with no update.

grajul - 09 Mar 2004 13:38 - 13 of 13

I've fallen into the dreaded trap of not wanting to sell, 'cos I think this'll do well medium term. But how long do I hang on? I'm in a 15% loss situation at the moment. Help me guys, do I hang in there, or cut my losses and get out?

help!
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